Bank of Tianjin Co., Ltd. provides a range of banking and related financial services primarily in the People's Republic of China. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers deposit taking, corporate loan, trade financing, and other types of corporate intermediary services to corporations, government agencies, and financial institutions. The Personal Banking segment provides deposit products, personal loans, cards, personal wealth management services, and other types of personal intermediary services to individual customers. The Treasury Operations segment is involved in debt instruments investment activities, as well as offers money market, foreign exchange, precious metal, and derivatives transactions services. The company was formerly known as Tianjin City Cooperative Bank Co., Ltd. and changed its name to Bank of Tianjin Co., Ltd. in February 2007. Bank of Tianjin Co., Ltd. was incorporated in 1996 and is headquartered in Tianjin, China.
Bank of Tianjin Dividend Announcement
• Bank of Tianjin announced a annually dividend of HK$0.13 per ordinary share which will be made payable on 2024-06-12. Ex dividend date: 2024-04-23
• Bank of Tianjin annual dividend for 2024 was HK$0.13
• Bank of Tianjin's trailing twelve-month (TTM) dividend yield is 7.24%
• Bank of Tianjin's payout ratio for the trailing twelve months (TTM) is 0.01%
Bank of Tianjin Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-23 | HK$0.13 | annually | 2024-06-12 |
2020-05-14 | HK$0.20 | annually | 2020-06-30 |
2019-05-20 | HK$0.21 | annually | 2019-07-10 |
2018-05-15 | HK$0.22 | annually | 2018-07-06 |
2017-05-16 | HK$0.23 | annually | 2017-07-06 |
2016-06-29 | HK$0.21 | annually | 2016-08-08 |
Bank of Tianjin Dividend per year
Bank of Tianjin Dividend growth
Bank of Tianjin Dividend Yield
Bank of Tianjin current trailing twelve-month (TTM) dividend yield is 7.24%. Interested in purchasing Bank of Tianjin stock? Use our calculator to estimate your expected dividend yield:
Bank of Tianjin Financial Ratios
Bank of Tianjin Dividend FAQ
Other factors to consider when evaluating Bank of Tianjin as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Bank of Tianjin's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bank of Tianjin publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bank of Tianjin distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bank of Tianjin are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Bank of Tianjin sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bank of Tianjin distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank of Tianjin declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Bank of Tianjin's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bank of Tianjin's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.